earnings
confidence high
sentiment positive
materiality 0.80
Intrepid Q4 adj. net income $8.0M; potash price $504/ton; $35M buyback
Intrepid Potash, Inc.
- Net income $223.9M Q4 2021 includes $215.9M release of deferred tax asset valuation allowance.
- Adjusted net income $8.0M ($0.60 EPS); Adjusted EBITDA $24.8M vs prior year.
- Potash avg realized price $504/ton (up from $248); Trio $388/ton (up from $188).
- Board approved $35M share repurchase program; cash ~$60M as of March 7, 2022.
- Joint feasibility study with New Mexico consortium for treated produced water as injectate; pilot Q3 2022.